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Lakeland, FL – October 14, 2004. Solicore, Inc., a leading provider of ultra-thin, flexible, lithium polymer batteries, announces that it has been awarded UL approval for its Flexion lithium polymer batteries.
“Underwriter’s Laboratory is a very well recognized and trusted approval agency for the entire electronics industry,” stated Wade Guindy, Solicore’s Executive Vice President of Technology and Manufacturing. “By having UL approval, our customers will immediately know that our Flexion batteries are extremely safe and well suited for their applications.” Guindy went on to state that the agency approvals involve a range of stringent safety testing including battery crush tests, nail penetration tests and other safety related abuse tests. The approval took affect immediately upon completion of UL’s site visit to Solicore last month.
Solicore develops, manufactures, and markets ultra-thin, flexible lithium polymer batteries under its Flexion brand that serve the smart card, RFID and medical device markets. Their patented solid-state electrolyte has helped create the next generation of lithium polymer batteries. Solicore's headquarters, R&D and manufacturing facilities are located in Lakeland, Florida.
This press release contains forward-looking statements, including statements containing the words "planned," "expects," "believes," "strategy," "opportunity," "anticipates" and similar words. Such forward-looking statements are subject to known and unknown risks, uncertainties or other factors that may cause Solicore, Inc's actual results to be materially different from historical results or any results expressed or implied by such forward-looking statements. Solicore, Inc. assumes no obligation to update any forward-looking statements to reflect events or circumstances arising after the date hereof. The potential risks and uncertainties which could cause actual growth and results to differ materially include but are not limited to, customer acceptance of the company's services, products and fee structures, the success of the company's brand development efforts, the volatile and competitive nature of the battery industry, and changes in domestic and international market conditions, and foreign exchange rates.
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